Las Vegas

Feb. 18, 2013

National Home Sales Statistics List Puts Las Vegas Communities in the Top 15

In 2012, three Las Vegas real estate communities were named in the top 15 for sales. The Mountain's EdgeProvidence, and Summerlin communities of Las Vegas were worthy of mention in the national list.

Providence, a northwest Las Vegas community of Las Vegas, came in at number 6 …

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Feb. 15, 2013

2012 Home Prices Marked Significant Gains

Nationally, home prices have increased on a year-over-year substructure by over 8 percent. This statistic marks the price advancement in December 2012, and exhibits the largest increase since 2006. Monthly, the average was less than a 1 percent increase. Home prices in January 2013 were expected to rise close to …

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Feb. 11, 2013

Real Estate Expansion in the Summerlin Area

The Paseos village of Summerlin in Las Vegas, NV is planning to open five new-home neighborhoods this year. The trail system is also being set to expand, joining neighborhoods and amenities within the neighborhood. Construction of utilities and roads in the area is under way as well, making the expansion …

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Feb. 1, 2013

Explaining Exclusive Buyer's Agency

There are two options for agents in real estate: represent the seller, or the buyer. Back just a few years ago, the only option for a real estate agency was for the agents to represent the seller. In that scenario, a home seller would acquire a real estate agent in …

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Posted in Buying, Henderson, Las Vegas
Jan. 16, 2013

2012 LAS VEGAS HOUSING MARKET SHIFTED FROM FORECLOSURES TO SHORTSALES

During 2012, the Las Vegas real estate market fluctuated drastically. With the average price of a single-family home increasing close to 25 percent, real estate changes that hinged primarily on foreclosures shifted to short selling homes. Accounting for over 45 percent of sales in December 2012, short sales swept the …

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Dec. 17, 2012

Foreclosure Law Gets Reevaluated in the New Year

In 2013, foreclosures in Nevada could see some significant increase if lawmaker officials and financial institutions back a 2011 bill that prevented the progress of banks' retaking Nevada homes.  Although the Nevada housing market has fluctuated significantly, the long term effect of more foreclosures isn't exactly horrible.  …

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Dec. 12, 2012

Sales Down, Prices Up

While home sales in Las Vegas have slowed down, prices are rising again in the Valley, says a report from the Greater Las Vegas Association of Realtors. November showed 2,682 single-family home sales – up 16.8 percent from last year. The median price for these homes was $146 …

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Dec. 10, 2012

Anthem Resident Newly Appointed HOA Overseer

Sun City Anthem, NV resident, Robert Frank, has been appointed to oversee homeowners associations in Nevada Commission on Common-Interest Communities and Condominium Hotels.  Governor Brian Sandoval in responsible for appointing Frank this position.

Replacing Marilyn Brainard as representative of homeowners' interests, Frank now sits on a commission that consists …

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Posted in Henderson, Las Vegas
Nov. 27, 2012

Women to Watch – 2013 competition

Do you know a business woman whom you expect to make a huge impact in Southern Nevada in 2013? Now is the time to send your nomination for the Vegas Inc’s “Women to Watch” program. Visit http://www.vegasinc.com/ to download the nomination form, and be sure to meet …

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Posted in Las Vegas
Nov. 26, 2012

Las Vegas’s empty buildings = opportunity?

If you’ve driven around the Las Vegas Valley, you’ve most likely seen the half-built structures and abandoned construction sites littering the area. Many of these projects were halted in the last few years as part of what many are calling the Las Vegas real estate bust. Sadly, the economy did …

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